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What Is Monero? Should You Invest in Monero Over Litecoin?

What Is Monero?Monero is an open-source cryptocurrency much like Bitcoin. Its standout features are that it is secure, fungible, and private. Perhaps its most important characteristic is that it is completely untraceable.

The Monero price can be calculated in a number of ways but Monero to USD and Monero to BTC are probably the most popular. In USD terms, the Monero price is currently valued at around $87.50 and as a standalone price, it doesn’t quite capture the volatility in this cryptocurrency or its performance. On January 1, 2016, 1 Monero could be acquired for as little as $0.47, and in August 2017, it hit a high of $154.58. A 32,789.36% return is the type of.